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Darktrace Ltd. is a British [4] cyber security company, established in 2013 and headquartered in Cambridge, England. [4] It was listed on the London Stock Exchange until it was acquired by Thoma Bravo in October 2024.
Co-founder and former Mike Lynch protégé Poppy Gustafsson stepped down as CEO weeks before the acquisition closed. Thoma Bravo closes $5.3 billion Darktrace acquisition weeks after founding ...
Lynch was a member of the board until 2018 and continued as a member of the advisory council until 2021. He was a member of the Darktrace science and technology council until February 2023. As well as having to deal with questions about Lynch's involvement, Darktrace had to counter scepticism about its technology. [4] [15]
She led Darktrace's initial public offering in 2021, and left the company in 2024 prior to the completion of its sale to the private equity firm Thoma Bravo. [8] On 10 October 2024, Gustafsson was appointed to the government as Minister of State for Investment by Prime Minister Sir Keir Starmer. [9]
Darktrace managed to recover from the episode, buoyed by the AI boom. Last January, the company shared a rosy outlook for its revenue and margins thanks to the demand for AI-powered products ...
Darktrace disclosed Thursday it was waiting for one foreign regulatory approval as part of the Thoma Bravo acquisition, due Sept. 28, after which it would seek a U.K. court sanction to close the deal.
Finch is a supporter of multiple charities. In 2005, he co-founded the charity Oil Aid in 2005 with Michael Holland and Marc Thompson of Tullett Prebon, which has supported a variety of charities, and raised millions of pounds for good causes.
Shareholders in Darktrace on Thursday voted against the election of non-executive director Patrick Jacob over concerns about his connection to Mike Lynch, the entrepreneur extradited to the United ...